19.
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
2,130
0930
+173
Closing balance in the account
1,116
1000
+173
Change attributable to:
1100
+165
Money market activity
+166
1200
+166
LAF today
-1180
1500
+166
1600
+166
LAF rate 4.25% bid/6.25% offer TWI 119.0 *+0.0* 25.7.95
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue Coupon
Price
Yield
1 week
5.30
2 years
2705 6.40
100.79
6.01
1 month
5.38
3 years
3804
6.16
99.50
6.45
3 months
5.45
5 years
5006
6.60
98.46
7.10
6 months
5.54
5 years
M501 7.90
101.95
7.55
12 months
5.62
Total turnover of EF bills and notes - $14.768 million
Closed July 25,1995
End/Tuesday, July 25, 1995